South Sudan needs investment from the energy industry in the form of money and technology if the country is to rebuild and stabilize itself. That was the point that Nj Ayuk, Executive Chairman of the African Energy Chamberand CEO of the Centurion Law Group, made in a keynote at the...
BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its upstream business. The investment supports BP’s ongoing work exploring opportunities to apply machine learning and cognitive computing in its global oil and gas business. The Houston technology...
Fugro is set to commence its first project using new multipurpose ROV support vessel, Edda Sun, with mobilisation for the IRM contract planned for March 2019. With a recently announced two-year charter of the Edda Sun, Fugro has enhanced its IRM, construction and decommissioning support services in Europe. The Edda Sun...
Jointly organized by NACE International and Saint Petersburg Polytechnic University, CORROSION – Oil & Gas 2019 brings together corrosion professionals in Saint Petersburg on May 22-24, 2019. Advance your knowledge in corrosion mitigation by attending this conference and learn from corrosion experts on the following topics: Cathodic Protection, Coatings and...
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located on the China Sea Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order...
TGS and Schlumberger announced a strategic collaboration for multiclient ocean-bottom node projects in the deepwater U.S. Gulf of Mexico. This collaboration includes the previously-announced 2,350 km2 Amendment Phase 1 project in the Mississippi Canyon and Atwater Valley protraction areas. Supported by industry prefunding, Amendment Phase 1 commenced in early 2019...
Siemens Gamesa has secured its first order in Russia from Enel Russia, one of the country's independent power producers (IPP), for the supply of 90 MW of wind turbines. This is the first order for Siemens Gamesa in the country and belongs to the preliminary agreement signed with Enel...
Eurasia Review reports that a research group from Chalmers University of Technology, Sweden, has made great, rapid strides towards the development of a specially designed molecule which can store solar energy for later use. These advances have been presented in four scientific articles this year, with the most recent...
Cortec's VpCI®-329 D ES is a ready to use spray providing strong rust prevention for metals in indoor and outdoor sheltered conditions. The product can be easily applied/sprayed from a handheld trigger spray bottle. It protects gears, spindles, coils, or any other metal parts that require a light coat of...
The technology group Wärtsilä was awarded a 38 MW power plant project by the EPC company Groupement TEC-IEE in Equatorial Guinea. The project is sponsored by the Ministry of Hydrocarbons with the intention to boost the development of local industry. The order was booked in Q3 2018.  Wärtsilä Corporation...